ACSOT dialogue with Ministry of Industry & Commerce

ACSOT dialogue with Ministry of Industry & Commerce

The Advocacy & Peace Building (APB) department hosted the Association of Community Share Ownership Trusts (ACSOT’s) for an interface meeting with the Ministry of Industry & Commerce on the 23rd of November 2018. The CSOT’s in attendance included Zimplats-Mhondoro-Ngezi-Chegutu-Zvimba CSOT, Bindura CSOT, Gwanda CSOT, Goromonzi CSOT, Shamva CSOT, Mazowe CSOT, Umguza CSOT, Bubi CSOT, Hwange CSOT, Tongogara CSOT, Mberengwa CSOT, Shurugwi CSOT, Mutoko CSOT, Zvishavane CSOT & Harare-Mabvuku-Tafara CSOT. The CSOT’s had a lot of issues which they needed to be clarified by the Ministry of Industry & Commerce which had recently been appointed to be their parent ministry. There had been a lot of uncertainties with the CSOT’s due to the amendment of the Finance Bill and the Indigenization Act which negatively affect CSOT’s hence they needed clarity from their parent ministry on these and other issues. Furthermore, they sought to lobby for the revival of dormant CSOT’s which hadn’t received funding from the respective qualifying mining companies in their areas of operation. Unfortunately, the Minister of Industry & Commerce failed to attend this dialogue but managed to send in a representative Mr N. Katiyo who is a legal advisor in the ministry. Mr Katiyo emphasized that the ministry was setting up structures to support the CSOT’s using a new approach in this new political dispensation. Overall, this was a successful interface meeting as it enabled dialogue which was long overdue between the CSOT’s and their parent ministry. 

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